From entering the crypto space with 2000u to now having over 4 million U, a total profit increase of 2000 times! The following methods were used:
At the beginning of entering the crypto space, my funds gradually accumulated from over 10,000 to 100,000, then to over 1.4 million;
By the third year, it reached 590,000;
In August of the fourth year, it grew to 3.78 million, and in November of the same year, it surpassed 7 million;
Until a few years ago, I was already able to easily withdraw over 20 million from the crypto space.
I have summarized several of my advantages:
Able to grasp the right timing for entry and exit;
Only trading in high certainty opportunities, strictly controlling trading frequency;
A deep understanding that the essence of profit in cryptocurrency is cycles, emphasizing entry timing, buy/sell points, project selection, position allocation, and capital scale.
When I first entered the cryptocurrency world as a student, I embarked on this journey with only 2,000 U. I chose 2,000 U because Bitfinex's USDT Yubibao offered a 10% annualized interest rate, but the maximum amount per account was 2,000 U (now called "Easy Earn Coin"). I was just looking to make a little money, and a friend suggested I convert my RMB into U and deposit it into Yubibao.
This friend, who came from a wealthy family, had been trading cryptocurrencies for a long time and often showed us screenshots of his multi-fold gains. I'd actually heard of cryptocurrencies for a while, and I finally decided to give it a try—after all, the interest rate was much higher than Yu'e Bao. I scrimped and saved, scraping together about 2,000 U coins, saving only 1,000 yuan for living expenses and converting the rest into U coins and depositing them in Yu'e Bao.
At the time, the cryptocurrency market was still in a bear market, with almost all coins falling. My friend kept saying he was making a fortune by short selling, while the interest I earned from my Yubibao account was barely enough to buy a drink each day. Seeing how easily he was making money, I asked him to teach me how to trade contracts.
Contracts are actually a lot like betting on the size of a bet, and you can learn it quickly. My first trade was with full leverage, shorting a low-quality altcoin. After the overnight move, I made over 200 U coins—more than I'd earned in a year with my Yubibao account. I thought the money was easy, so I immediately transferred all the U coins from my Yubibao account into my contract trading account, officially starting my contract trading career.
During that time, I was obsessed with studying candlestick charts and technical indicators, following all kinds of news, and joining contract groups. Aside from attending classes, eating, and sleeping, I spent almost every day watching the market. My typical position strategy was a 25% position with 10x leverage. Besides my own analysis, I also paid close attention to my friends' trades—I could see every time they opened a position.
Honestly, my friend's trading skills were pretty average. He boasted about his profits and kept quiet about his losses, so overall he was actually losing money. But I didn't simply copy or trade in the opposite direction. Instead, I specifically entered the market when he was losing money. Unexpectedly, this strategy had an incredibly high success rate. It can be said that I had unintentionally used the "contrarian indicator" early on.
Like most traders, I also make the mistake of carrying trades, adding to my losses, and refusing to stop losses. However, I was lucky during the beginner protection period, and each carry trade ultimately paid back, with a win rate exceeding 90%. I even considered making money by carrying trades. In just one month, my capital increased from 2,000 U to 60,000 U, a 30-fold increase. Even my friend came to me for advice.
Unfortunately, he didn't learn from me, only copying my trades and opening positions based on his instincts. Soon, he ran into trouble: one night, he messaged to say his account had been liquidated and he hadn't even had time to add margin. I consoled him with a few words and then immediately opened a 20x short position on the altcoin that had been liquidated. Sure enough, the price plummeted, and within a week, my funds had nearly doubled tenfold, reaching 600,000 U.
I felt the risk of shorting was too high, so I closed my position and cashed out my initial 2,000U investment. I treated myself to a nice treat and bought a new phone. I could have stopped, but my gambler's instincts led me to quickly sell my phone and laptop to raise funds to re-enter the market. However, after hearing friends in my group buy "Dogcoin," my position was instantly wiped out.
I was completely bewildered at the time. It was my final exam, and I forgot to even write my admission ticket number on the test paper. As expected, I failed several subjects. It felt like my life had hit rock bottom. Fortunately, I never borrowed money or took out online loans, which laid the foundation for my subsequent recovery.
After overcoming my lowest point, I began looking for new opportunities. In an airdrop group, I met some friends who were involved in USDT arbitrage and errand running, and gradually understood the role of an "acceptor." Learning by doing, I accumulated a small amount of USDT and started taking advantage of airdrops, running errands, and buying and selling USDT every day. I also bought some spot trading, gradually building up my capital and earning over 200,000 USDT arbitrage alone.
I share this to show everyone that failure isn't a problem; there are far more opportunities in the cryptocurrency world than just contracts. If one direction isn't working, try another; don't give up easily. There are many avenues to explore, including airdrops, NFTs, coin hoarding, DeFi, quantitative quantification, arbitrage, arbitrage, and acceptance... However, contracts and tethered trading are the riskiest and most challenging.
From starting with 2000 units to now having over 4 million units, I have increased my profits by 2000 times! I used the following methods:
Phase 1: 10,000 → 50,000 (startup phase, mainly trial and error)
Position strategy: Use 10% of the principal (1,000 yuan) each time to open a 10x leverage, set the stop loss at 10% (loss of 100 yuan), and the take profit at 30% (profit of 300 yuan)
Selection criteria
New coin zone "coins that broke the issue price on the first day" (dropped 20%+ within 24 hours of listing, such as the 2025 AI coin TKB)
In November 2025, HTX will be launched on BOT. With 10x leverage and 1000 yuan, buy the dip when the price drops 25%, rebound 40% in 12 hours, earn 400 yuan, roll the position to 10,400 yuan, repeat 15 times to 48,000 yuan
Phase 2: 50,000 → 200,000 (Emergency period, focus on hot spots and nuclear explosion points)
Position strategy: Use 20% of the principal (10,000) to open a 5x leverage, stop loss 5% (loss 500 yuan), target 15% (profit 1,500 yuan)
After making a profit of 10%, immediately move the stop loss to the cost line to ensure that the principal is not lost. FLX rose by 60% in a week. With a principal of 10,000 and a 5x leverage, I earned 30,000. I rolled the position to 80,000. I caught two 10x coins and it directly broke 200,000.
Phase 3: 200,000 → 500,000 (Compounding period, hedging to prevent rollover)
60% of the funds are used for contracts (20,000 yuan with 2x leverage = 40,000 yuan position, stop loss 3%, take profit 5%)
40% buy BTC spot (anchored for resistance to falling prices, e.g. buy 80,000 BTC when the price is 200,000)
Rollover formula: After each profit, 70% of the profit is transferred to the principal and 30% is withdrawn (for example, if you make 100,000, continue to roll 70,000 and deposit 30,000)
Fatal Red Line: If the total assets fall by more than 15% (e.g., from 300,000 to 255,000), immediately close 50% of your position
How to achieve rolling positions by adjusting positions.
1. Timing: Enter the market when the conditions for rolling positions are met.
2. Open a position: Follow the signals from technical analysis and find the right time to enter the market.
3. Increase your position: If the market moves in your direction, gradually increase your position.
4. Reduce your position: Sell slowly when you have earned the expected profit or when something is wrong with the market.
5. Close a position: When your target price is reached, or the market is clearly changing, sell everything.
How to do it specifically? Let me share my experience of rolling positions:
(1) Add to your investment after you make money: If your investment has increased, you can consider adding more, but only after your costs have been reduced and your risk has been minimized. You don't need to add to your investment every time you make a profit, but rather at the right time, such as at a breakout point in the trend, and then reduce your investment immediately after a breakout, or add to your investment during a pullback.
(2) Base position + T: Divide your assets into two parts, keep one part as the base position, and buy and sell the other part when the market price fluctuates. This can reduce costs and increase profits.
There are several types of classification:
1. Half-position rolling: half of the funds are held for a long time, and the other half is bought and sold when the price fluctuates.
2. 30% base position: 30% of the funds are held for a long time, and the remaining 70% are bought and sold when the price fluctuates.
3. 70% base position: 70% of the funds are held for a long time, and the remaining 30% are bought and sold when prices fluctuate.
Let me share a practical strategy I've used for years. My cryptocurrency trading method is very simple and practical. I only enter the market when I see the right opportunity, and I never trade without a clear pattern. I've maintained a winning rate of over 90% for five years!
A must-have for naked K-line traders: Master the Pin Bar trading strategy to accurately capture price turning points!
The pin bar is an extremely powerful trading pattern when applied in the proper context.
I think a lot of traders when they first start learning to trade are exposed to pin bars and other candlestick patterns and think they are useless.
Don't be fooled by flashy new indicators.
I have been trading for 20 years and I still use pin bars in my analysis and some of my strategies.
They are a very simple candlestick pattern, but when combined with a reliable background, they can signal big reversals in the market.
What is Pin Bar
A pin bar is a single candlestick with a long tail (wick), where price action shows a rejection (price rebound) of a certain price level and a price reversal with a close near its high (bullish pin bar) or low (bearish pin bar) during a trading period.
You can find pin bars on any time frame using candlestick or bar charts in any market, including crypto, forex, stocks, futures, and options.
There are a few different types of pin bars, so let’s start with some basics.
A bullish pin bar forms when bears begin to take control of the market but price reaches a level where they are “rejected” and bulls take over and dominate the remainder of the trading session, closing near or above the high.
A bearish pin bar forms when bulls start to take control of the market but price reaches a level where it is “rejected” and bears take over and dominate the remainder of the trading session and close near or at the lower low.
Features of pin bar
On a trading chart, for a pin bar candlestick pattern to be confirmed, it must contain the following characteristics:
1. Long Tail: A pin bar candlestick has a long upper or lower shadow. This is the most distinctive feature of a pin bar candlestick, indicating a strong price rebound (known as a "price rejection"). The pin bar's shadow must be at least two-thirds of the candlestick's length. The longer the shadow, the more accurate the pin bar.
2. Real Body: The area between the closing and opening prices is called the candlestick's real body. The real body should not exceed one-third of the candlestick's length. The opening and closing prices may be close to each other or even equal.
3. Short Shadow (Nose): The opposite of the long shadow. It's important to note that a pin bar doesn't necessarily have a short shadow. When the closing price is the same as the opening price, there is no short shadow. The shorter the short shadow of a pin bar, the better.
Any time a pattern/strategy is developed, it is extremely important to have a basic understanding of the theory behind how it works.
This helps you build confidence in your strategy, which in turn improves your execution.
Pin bar reversals make logical sense…
Let's do a quick exercise to get the ball rolling.
Imagine yourself in the above maze. You start out going right (red arrow), but after a while you start to think that this might be the wrong way.
At point 1, you decide to turn around and retrace your steps.
Eventually, you'll be back at starting point 2 and faced with two choices.
Continue in the direction you want to go or return to point 1 again.
Most of the time, it seems logical to continue in the direction you are going.
However, there will still be times when you notice or remember something and go back to point 1.
I guess the third option is to leave the maze, haha...
The markets are influenced by human emotions, so asking yourself these types of questions can help you gain a clearer understanding of the market and where prices may move next.
If we relate the path you took in the maze to the pin bar, price was rejected at point 1 where you decided to turn around, and then closed at point 2 which is close to where you started.
If other factors are not considered, how do you think the situation will be in most cases?
I'm simply trying to convey the fundamental principles behind pin bar trading. Humans' rationality and emotions permeate their trading decisions, driving the market. It's no different than the decisions you'd make in a maze.
Pin Bar Type
There are a variety of different pin bar patterns to trade. I personally refer to them all as pin bars or inverted pin bars, but here’s a quick rundown of the different types of pin bars.
Hammer
A hammer is a bullish reversal pin bar that forms at the end of a price decline (downtrend).
The bears controlled the market at the start of the session, but the bulls stepped in at the end, pushing prices close to the high. The end result is a candlestick with a long lower tail, or wick, that is lower than the recent price action.
Shooting Star
A shooting star is a bearish reversal pattern that forms at the end of a price increase (uptrend).
At the beginning of the session, bulls maintained control of the market, but by the end of the session, bears took over and pulled the price back below the candlestick open.
The resulting candlestick will have a long upper tail, or wick, which should extend above the recent price action.
Inverted Hammer
The inverted hammer candlestick looks exactly like the shooting star candlestick, but forms after a downtrend in prices. The long upper shadow signals a potential reversal as bulls begin to show aggression but give short sellers some room to retreat before the candlestick closes.
Hanging Man
A hanging man looks very similar to a hammer, but forms at the end of an uptrend. The long lower shadow suggests that bears were in control of the market at the start of the trading session but ceded some ground to bulls before the close.
How to Trade Pin Bars
When trading pin bar reversals, there are several different entry methods to choose from.
The three most common entry methods are:
1. Enter on a breakout of a bullish pin bar high or a bearish pin bar low
2. Enter the market during a pullback
3. Enter the market at the close of the pin bar candlestick
There is no perfect answer as to which method you should use. It is likely that you will end up using all of them, and you will discover this in your backtesting.
I personally use all three methods. Which one I choose depends on volatility, trend, volume analysis, and other contextual factors.
In a strong trending market, it is common to use market entries or stop-loss orders at highs/lows.
Both of these approaches will typically result in lower R-multiples due to the need to use wider stop-losses rather than entering the market on a retracement.
Retracements work best when the trend is fading or the market is in equilibrium.
Pin Bar Trading Strategy
I always say that you need to build context around the patterns/signals in order to develop a real trading strategy.
The background is simply a definition of under what market conditions the pattern is traded.
As you progress as a trader, your definition of context will become more complex and more specific to the strategies you trade.
To help you get started, let’s look at some basic pin bar strategy examples.
50% retracement
The pin bar can be traded in conjunction with another reversal pattern, such as a 50% retracement, also known as a half-way retracement.
Wait for a pin bar pattern to form at the 50% retracement level. You can try exiting the trade at a different extension level, such as -23.6%.
Volume Weighted Average Price (VWAP) rebound
During a strong breakout, a pullback to the volume-weighted average price (VWAP) can provide a good opportunity to participate in the trend. Look for pin bars that form in the direction of the overall VWAP trend.
Moving average rebound
Choose your favorite moving average and wait for a strong trend.
Once you confirm a strong trend, look for a pin bar bounce off the moving average.
How to trade using pin bar candlesticks
The pin bar itself is a very powerful price signal, enough to give you a high-probability trade. Let’s look at how to trade using the pin bar strategy.
Pin bar candlestick trading principles:
1. Bullish pin bar appears: enter a long trade
2. Bearish pin bar appears: enter a short trade
Use a bullish pin bar candlestick to enter a long trade as shown below:
Entry point: Once the price completes creating a bullish pin bar candlestick pattern.
Stop loss: At the tail of the bullish pin bar.
Take profit point: When the price touches the resistance level formed in the past.
Use a bearish pin bar candlestick to take a long trade as shown below:
Entry point: Once the price completes creating a bearish pin bar candlestick pattern.
Stop loss: At the tail of the bearish pin bar.
Take profit point: When the price touches the support level formed in the past.
I'm Sen Ge, a crypto expert who's experienced several bull and bear cycles. From a bankrupt to a trading tool developer, if you're still struggling alone, why not join us? Follow [Coin Circle Walker] on my homepage. I want to lay out the rules of survival in the cryptocurrency world, help you decipher the mysteries of the cryptocurrency world from a technical perspective, and together we'll discover the vast ocean that belongs to us. Are you ready?
Things to note when using the pin bar candlestick pattern
1. The longer the length of the pin bar candlestick, the higher the accuracy.
2. The shorter the pin bar nose (short shadow), the safer it is. The candlestick tail (long shadow) should be as long as possible, and the candlestick body length should be short.
3. To increase the success rate of your pin bar trading strategy, you should combine it with trend indicators.
Finally, before applying it to real trading, it is recommended to become proficient in the use of the strategy in simulated trading and test the accuracy of the trading strategy to prevent unnecessary capital losses.
Summarize
A pin bar is a market reversal signal, meaning it represents a rejection at a specific price level. It is a reversal pattern with high profit potential. Traders can observe how a pin bar reversal indicates market turning points, focusing on areas where this signal appears.
In price action trading, the pin bar is a unique candlestick pattern with multiple meanings, making it a must-learn and mastery tool for every "naked candlestick" trader. In daily trading, pin bars are highly accurate in trending markets, especially when they appear at key levels, such as support and resistance areas, where they can be a good indicator of a trend reversal.
If you make 100 million in the cryptocurrency market, how do you withdraw the money?
Today I will tell you that we have made 100 million in the cryptocurrency circle. How should we withdraw the money at this time?
One hundred million is not a small amount. If you don't handle it properly, you will be targeted by the bank in a matter of minutes, and you may even be involved in a money laundering scandal. Next, I will explain in detail how to withdraw money safely and securely:
1. Risks of Selling U: Selling U on the platform carries a high risk of money laundering: Level 3 money laundering: Your account will likely be frozen for three days, and large amounts of funds may be frozen for up to six months. Level 2 money laundering: Your account will be frozen for six months, or your funds may be confiscated. Level 1 money laundering: Concealing the proceeds of crime, punishable by three years or more.
How to avoid risks? Don't be cheap: Buying U at an absurdly low price, or selling U at an abnormally high price (e.g., selling it for 7.5 yuan when the market price is 7 yuan), knowingly trading at an abnormal price can have serious consequences. Don't use platforms or find U dealers: Don't even touch offline cash transactions, as they are highly likely to involve money laundering and can endanger personal safety.
III. Safe Withdrawal Methods 1. Trade with someone you know and trust: They'll give you the money first, then you pay the U. After receiving the money, verify the funds. Don't accept funds that haven't been deposited for more than three days, or if there's a high inflow and outflow rate. 2. Withdraw slowly: For example, if you want to withdraw 10 million, you could use Alipay to withdraw around 200,000 per day. Impatient withdrawals can lead to mistakes. 3. Avoid using a bank card if other methods are available: Selling into Hong Kong dollars is complicated, requiring qualifications, procedures, and specialized channels. Don't attempt this without thorough understanding.
IV. Bank Risk Control 1. Small Amount: Banks generally won't question you. 2. Large Amount: If your card receives too many funds daily, it may be restricted from over-the-counter transactions, forcing you to withdraw money at the counter. 3. Clean Background: If the money earned from selling cryptocurrency is clean, banks won't ask any questions. Criminal Record: Banks will conduct a thorough investigation.
V. Conclusion: Selling U and withdrawing funds is risky, so don't be tempted by cheap prices or hassle. Trade with reliable people and withdraw funds slowly to avoid being caught in bank risk control or being involved in money laundering.
While there are many opportunities in the cryptocurrency market, careful planning and continuous learning are essential. Welcome to follow us and join us on the path to steady profits.
Remember: It is important to follow the right people, and choice is more important than effort.
A single tree cannot make a boat, and a single sail cannot sail far! In Erquan, if you don’t have a good circle and first-hand information about the cryptocurrency circle, then I suggest you follow Lao Wang, who will help you get ashore for free. Welcome to join the team!!!
